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An announcement from Marks and Spencer ( (GB:MKS) ) is now available.
Marks and Spencer Group plc announced a transaction involving the sale of 193,819 ordinary shares by S Berendji, the Operations Director, at a price of £3.6930 per share. This transaction, conducted on the London Stock Exchange, highlights the company’s ongoing financial activities and could have implications for its market positioning and stakeholder interests.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £4.50 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Spark’s Take on GB:MKS Stock
According to Spark, TipRanks’ AI Analyst, GB:MKS is a Outperform.
Marks and Spencer’s overall stock score reflects strong financial performance with robust revenue growth and cash flow management. However, the stock’s valuation appears high, and technical indicators suggest mixed momentum. The earnings call provided a balanced view with positive growth in certain areas but highlighted significant challenges, particularly the impact of a cyber incident and declines in key segments.
To see Spark’s full report on GB:MKS stock, click here.
More about Marks and Spencer
Marks and Spencer Group plc is a major British multinational retailer headquartered in London, known for offering a wide range of products including clothing, home products, and food items. The company primarily operates in the retail industry and focuses on providing quality products to its customers across various markets.
Average Trading Volume: 7,409,238
Technical Sentiment Signal: Strong Buy
Current Market Cap: £7.86B
See more insights into MKS stock on TipRanks’ Stock Analysis page.